5 Best American Bank Stocks To Buy According to Analysts

3. Valley National Bancorp (NASDAQ:VLY)

Average Analyst Share Price Target Upside: 26%

Average Share Price Target: $11.3

Valley National Bancorp (NASDAQ:VLY) is a New York City based commercial and consumer bank with a presence in treasury and other markets as well. When we talk about financial performance, it’s one of the most troubled American bank stocks on our list since the bank has been unable to beat analyst EPS estimates in any of its four latest quarters. Unsurprisingly, Valley National Bancorp (NASDAQ:VLY)’s shares are also down by 28% er the past year.

Insider Monkey scoured through 910 hedge fund holdings for last year’s third quarter and discovered that 20 had invested in the bank. Valley National Bancorp (NASDAQ:VLY)’s biggest stakeholder among these is Ken Griffin’s Citadel Investment Group courtesy of its $33 million stake.

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